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Christopher Carolan's spiral calendar happens to have a trend change in
Silver for the week ending 10 - 24 - 97. I have followed this concept for a
couple of years. I happen to think that bonds and stocks are going lower
based on the volatility I have seen around the August 1 trend change period
for bonds and the October 16 period in stocks.
The sharp selloff in metals 10 - 24 would appear to suggest that there will
be an advance into the projected Feb. 98 period.
Gold made a 1.618 measurement into the friday lows.
I agree with the ideas expressed about stocks down, bonds down, and gold up.
Not in a straight line, but suprises on the up side in metals, down side in
the other two markets.
Another perspective arriving at the same conclusion.
Jim Peeke j.p.@xxxxxxxx
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